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The Inflation Report June 2020

Date: 2020/07/27

The Bank of Mongolia publishes the Inflation Report each quarter to inform the public on the performance and forecasts of macroeconomic indicators, inflation, near term economic outlook, and factors that influence overall economic outlook such as external environment, financial sector, aggregate demand, aggregate supply, employment, prices, and costs.

Informing the public on monetary policy decisions consistent with the Central Bank’s target and inflation forecasts and on the decision makers’ rationale, serves the purpose of facilitating the Central Bank transparency, building public confidence in the Central Bank, thus supporting the Central Bank’s policy objective to stabilize inflation around its medium term target by managing market expectations.

The recent inflation report can be downloaded at https://www.mongolbank.mn/eng/listmonetarypolicy.aspx?id=05